Cornerstone Management, Inc.
Long book
$627.6M
Q1 2026
Positions
65
Top-10 weight
81%
concentration
Last quarter
+9.2%
SPY +14.8%
Turnover
7%
of book per quarter
Strategy in plain words
auto-generated from filingsCornerstone Management, Inc. is a wealth-management firm allocating client money, specialised in financials (74% of the long book), running a $627.6M US long book across 65 positions.
The portfolio is extremely concentrated — the top 10 positions are almost the whole book. The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: VANGUARD GROWTH ETF, JPMORGAN ULTRA-SHORT INCOME, VANGUARD VALUE ETF, ISHARES CORE U.S. AGGREGATE, ISHARES MSCI EAFE ETF.
Over the last 9 quarters its long book ran on average 1.4pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+1.7%
Q2 2024
+5.8%
Q3 2024
+0.4%
Q4 2024
-1.2%
Q1 2025
+6.6%
Q2 2025
+5.4%
Q3 2025
+1.6%
Q4 2025
-2.1%
Q1 2026
+9.2%
Sector allocation
Financials 73%
Technology 7%
Industrials 6%
Utilities 5%
Consumer staples 4%
Services media 3%
Healthcare 2%
Consumer discretionary 1%
Long book by quarter
What does Cornerstone Management, own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| BRK/A BERKSHIRE HATHAWAY INC-CL A | Financials | 11 | $7.9M | 1.3% | Held |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 15.6K | $7.5M | 1.2% | Held |
| AFL AFLAC INC | Financials | 8.6K | $946K | 0.2% | Held |
| KO COCA-COLA CO/THE | Consumer staples | 12.2K | $926K | 0.1% | Held |
| LRCX LAM RESEARCH CORP | Industrials | 4.0K | $861K | 0.1% | Held |
| GL GLOBE LIFE INC | Financials | 5.2K | $726K | 0.1% | -40.2% |
| GPN GLOBAL PAYMENTS INC | Services media | 10.3K | $692K | 0.1% | Held |
| WES WESTERN MIDSTREAM PARTNERS L | Utilities | 16.7K | $689K | 0.1% | Held |
| NVDA NVIDIA CORP | Technology | 3.8K | $659K | 0.1% | -8.0% |
| GLOO GLOO HOLDINGS INC-A | Technology | 125.0K | $601K | 0.1% | New |
| BAC BANK OF AMERICA CORP | Financials | 10.2K | $497K | 0.1% | Held |
| LLY ELI LILLY & CO | Healthcare | 489 | $450K | 0.1% | Held |
| SSB SOUTHSTATE BANK CORP | Financials | 4.7K | $435K | 0.1% | Held |
| SO SOUTHERN CO/THE | Utilities | 3.8K | $367K | 0.1% | +0.1% |
| DUK DUKE ENERGY CORP | Utilities | 2.3K | $307K | 0.0% | +0.1% |
| CSX CSX CORP | Industrials | 7.3K | $298K | 0.0% | Held |
| AAPL APPLE INC | Technology | 1.1K | $281K | 0.0% | -1.3% |
| PNC PNC FINANCIAL SERVICES GROUP | Financials | 1.4K | $281K | 0.0% | Held |
| TSLA TESLA INC | Industrials | 753 | $280K | 0.0% | -0.1% |
| MSFT MICROSOFT CORP | Technology | 721 | $267K | 0.0% | -1.9% |
| TFC TRUIST FINANCIAL CORP | Financials | 4.8K | $218K | 0.0% | Held |
| WMT WALMART INC | Consumer discretionary | 1.7K | $216K | 0.0% | -56.2% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 16, 2026 | 65 | $627.6M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 6, 2026 | 68 | $613.2M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 10, 2025 | 63 | $604.7M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 31, 2025 | 62 | $575.3M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 22, 2025 | 54 | $534.1M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 24, 2025 | 53 | $516.7M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 9, 2024 | 53 | $479.2M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 24, 2024 | 54 | $454.8M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 6, 2024 | 54 | $450.5M | canonical | SEC ↗ |